For Multi Family

100 Lyons Ave,Newark City, NJ 07112-2239

February 23, 2026

Investor Opportunity 2-family Home, Newark Income-producing 2-family property offering strong upside for investors or Owner-occupants seeking rental potential. This oversized home features 8 total bedrooms and 3 full bathrooms, with flexible living arrangements across multiple finished levels. The finished basement adds usable bonus space, while the attic includes 2 additional bedrooms, maximizing occupancy and value potential. The property layout supports a multi-unit income strategy, ideal for buyers seeking cash flow potential in a high-demand rental market. Legal 2-family configuration 8 bedrooms / 3 full baths total Finished basement for added living/use space Attic with 2 additional bedrooms Strong rental and investment potentialExcellent opportunity to reposition, rent, or occupy while building equity.

Property ID:PT-29446593-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 685,000 $

Bedrooms:8

Year Built:2016

Listing Details

Status: Active

Location

County: Essex

Lotsize: 32.10X100 AVG.

Lot Identifier: 16

Home Details

Open Parking: 4

Basement: Yes

Renovated: 2016

Basmnt/Desc: Yes - Finished-Partially, Full

Acreage: 0.07

Total Baths: 3.00

Unit Style: 3-Three Story

Number of Units: 2

Rooms: 18

Easement/Desc: Unknown

Exterior Description: Aluminum Siding

Roof Description: Asphalt Shingle

Possesion: AT CLOSING

Unit 1 Appliances/Equipment: Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 8

Unit 1 Beds: 3

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas

Unit 1 Handicap: No

Unit 1 Room Description: Bedrooms, Kitchen, Living/Dining Room, Master Bedroom

Unit 2 Appliances/Equipment: Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 2 Levels: 2

Unit 2 Rooms: 8

Unit 2 Beds: 3

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas

Unit 2 Handicap: No

Unit 2 Room Description: Bedrooms, Kitchen, Living/Dining Room, Master Bedroom

Color of Building: BEIGE

Garage Description: Detached Garage, Finished Garage, Oversize Garage

Block Identifier: 3696

County Number: 16

Town Number: 1614

YB/Desc: 2016 - Renovated, Unknown

Color of Building: BEIGE

Easement: Unknown

Parking/Driveway Description: 1 Car Width, Additional Parking, Concrete Strip, Driveway-Exclusive, Off-Street Parking

Block Identifier: 3696

County Number: 16

Town Number: 1614

Possession: AT CLOSING

Utilities

Heat Source: Gas-Natural

Heat System: 2 Units

Cool System: 2 Units, Wall A/C Unit(s)

Water: Public Water

Sewer: Public Available

Utilities: All Underground

Taxes, Fees & Assessments

Tax ID For Property: 1614-03696-0000-00016-0000-

Tax Amount: $7,119.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Land Assessment: $25,400.00

Building Assessment: $161,800.00

Total Assessment: $187,200.00

FHA Age Restricted: No

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Listing Details

100 Lyons Ave,Newark City, NJ 07112-2239

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